This EA takes trades at Extreme breakout.
The EA also uses Bollinger bands with extreme settings as extra confirmation, and as per the name it takes trades at Extreme with hope of reversal.
It is martingale of 5 Steps of 0, 60, 100, 100 and 140 pips wrong directions with different lot size for trade 5 and same lot for trades 1 to 4.
The EA takes very few trades sometimes even 2 weeks no trades at all but the trades taken are usually very accurate so very safe. But because of the few save trades profit will be average 15% a month measured over a few months.
1st trade is 30 pips TP. The last 5th trade is set as pending stop order so may not trigger at first time unless market reverses.
As said the EA takes very few trades so mostly only one combi is open and we use 20 valutapairs. So we use lotsize 0.06 per €1000 on the PAMM and we have a demo account running from 1 july 2017 with lot 0.10 per €1000 So drawdown can become 60% but most of the time it's 0% or mostly 30% maximum.
You can follow the account yourself live, login on MT4: Exness-Trial2 and use password: Testing